tv Nancy Grace HLN October 9, 2009 8:00pm-9:00pm EDT
answer for you right now. all right, i think we're through with questions. thank you very much. i appreciated. -- appreciate it. >> this is c-span, public affairs programming funded by america's cable companies. next, president obama discusses his selection as this year's nobel peace prize winner and proposes a new consumer protection agency. the white house press secretary robert gates talked about a timetable concerning a decision on troop strength in afghanistan. .
-- plus we have a three day weekend coming up. it is good to have kids to put things in perspective. i am surprised and a fumble by the decision of the nobel committee. -- and humbled by the decision of the nobel committee. i do not view it as a recognition of my own accomplishments. it is an affirmation of american leadership on behalf of aspirations held by people in all nations. to be honest, i do not feel that i deserve to be in the company of so many of the transformative figures that have been honored by this prize, men and women who have inspired me and the entire world through their courageous pursuit of peace. i know this price reflects the kind of world that those men and women and all americans want to build, a world that gives life to the promise of our founding
doctrines. i know throughout history the nobel peace prize has not just been used to honor specific achievement, it has also been used as a means to give momentum to a set of causes. that is why i will accept this award as a call to action, a call for all nations to confront the common challenges of the 21st century. these challenges cannot be met by any one leader. -- or anyone nation. that is why my administration has worked to establish a new era of engagement in which all nations must take responsibility for the world we seek. we cannot tolerate a world in which nuclear weapons spread to our nation's, the terror of a nuclear holocaust in dangers more people. that is why we have begun to take concrete steps to pursue a world without nuclear weapons. all nations have a right to
pursue peaceful nuclear power, but all nations have the right -- responsibility to demonstrate their peaceful intentions. i cannot accept the growing threat posed by climate change that could forever damage the world that we pass on to our children, destroying coastlines and ending cities. that is what all nations must not accept their share of responsibility for transforming the way that we do with this bill we cannot allow differences between people to define the way we see one another. that is why we must pursue a new beginning among people of different faiths and racist daisy -- faiths and races. we must all do our part to do that over so many years. it must include an unwavering commitment.
we cannot accept a world in which more people are denied opportunity and dignity that all people yearn form to get an education and make a decent living, and the security they will not have to live in fear of disease or violence. -- without hope for the future. even as we strive to see a world in which conflicts are resolved peacefully, we have to confront the world as we know it today. i am the commander in chief of a country that is responsible for ending a war and working to confront their riches adversary that directly threaten the american people and our allies. i am also aware that we are dealing with the impact of a global economic crisis that has
left millions of americans looking for work. these are concerns that i confront every day on behalf of the american people. some of the work will not be completed during my presidency. some, like the elimination of nuclear weapons, may not be completed in my lifetime i know these challenges can be met as long as it is recognized and will not be met by one person or one nation alone. this award is none of the efforts of my administration. it is about the efforts of people around the world. that is why this award must be shared with everyone who strives for justice and dignity. to the young woman who marched silently on the street or her right to be heard even in the face of beatings and bullets, to the leader in prison because she refuses to abandon her commitment of democracy, to the soldier who sacrificed tour
after a tour of duty on behalf of someone in a world away, for all those men and women across the world to sacrifice their safety, freedom, and sometimes their lives for the cause of peace. that has always been the cause of america. that is why the world has always look to america. that is why i believe america will continue to lead. thank you very much. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2009] >> at the white house briefing, robert gibbs said a decision on troop levels in afghanistan is probably weeks away. we also get reaction to the president receiving the 2009 nobel peace prize. this is about 40 minutes.
sends news -- the situation room send a news update. i call the president to tell him that he won. it was safe to say that is very surprised. >> [inaudible] >> i do not think anybody wants the job. i just figured it would be easiest to do. i believe you is asleep, yes. he was just very surprised. he did not scream that i could tell. >> do you know who else has been nominated? >> no. >> [inaudible]
>> i would point to what the president said today. we obviously -- the president and his team had worked since the very beginning of our administration to work toward bringing peace to the middle east. we have these disagreements, me and you, helen. the president mentioned both his hopes for and work for peace in the middle east as well as the commitment that he has as commander in chief to protect the american people and prevent the spread the type of violence of extremists and that we see in afghanistan and pakistan. >> [inaudible] >> we have done this before. >> i'm asking you a question. >> there are those that said
there in that reeked of the world and actively are plotting to do americans harm. >> lottery doing to them? -- what are we doing to them? >> the democrats are comparing their reaction to the taliban. what do you think of that? how did this complicate the situation? how is the idea of him winning this complicated if at all? >> i do not think it complicates the domestic political situation. >> there was all exhortation and no results yet. >> -- expectation and no results yet. >> this and -- announcement represents not the achievement of one person, but the hopes of
millions and millions throughout the world of the life and the world that they lived in, whether that is a world without nuclear weapons, the spread of weapons of mass destruction, a world peace in the middle east. a world that addresses climate change. i think all of those things are what millions throughout the world hope that can be achieved. the princeton said it cannot be achieved by one person. -- the president said it cannot be achieved by one person. that is what he will continue to work on. >> there are those who are already saying that what happened today highlights criticism that the president has been more talkative than substance. >> i'm not going to part to the
words of the president. one of the reasons highlighted by the committee is that through engagement, through renewal of american leadership, we can help lead the world to do many of the things the president has outlined. i do not think that is a bad thing. i think that is actually a very good thing. i think america, having that place in the world that can lead us to do the types of things that he is out lines on nuclear non-proliferation and on issues of peace and climate change, our aspirations held by men. >> can you give us a sense of where the ball is? has the mood throughout the meetings? are we in a different place them we were in the last meetings?
>> the prison has been getting what he wants unease throughout the region the president has been getting what he wants in these throughout the process. -- the president has been getting what he wants in these throughout the process. there have been all these conductors about where different people are but different decisions on resources. i have not heard anybody in the meetings in tone of their opinion on that. it is fascinating for me to watch the back and forth on something that we certainly have not seen in the meetings. today's meeting will focus primarily on afghanistan. we will spend quite a bit of time going through with general mccrhystal and his assessment. >> is there a sense of progress?
is there a checklist or you can say, we have made it to this point? >> in each of these, there is an agenda where we are going through understanding and enunciating clearly the goal, the strategy to, to accomplish the goal, and hopefully we will get toward discussions and decisions about resources needed in order to implement a strategy. >> will the resource issue come up in the meeting? >> it could very well, but i do not know. i think the assessment -- >> will you read that on the meetings? >> likely so. >> president obama said he did not feel he should be in the company. did he consider turning it down? but not that i know that.
>> the money is one where $4 million. has there any been discussion? >> i know this prize reflects the kind of world all its men and women want to build. >> i think their response to this has been like this. most democrats have embraced it. most republicans are saying, you have to be kidding me. ronald reagan did not get one, but barack obama was nominated 12 days after being sworn index some democrats are saying this will widen partisan divide it made things even more difficult. >> i will leave the pandit sizing to the public. the notion that this will work really divide america, i think
is mandatory for penances been a certain amount of their days each year outside the washington media market. i think people believe that what this represents, renewed american leadership to make america safer and of the to our own ideals that many want to live up to, it is a good thing. it is an important thing for the i do not think it is a partisan thing. >> a lot of people think it is a partisan thing. al gore, do mcartor, and now president obama have all received awards. >> i do not think it was democrat. >> whatever. >> can ask you to respond to
that? >> i am not a member of the nobel peace prize committee. >> they support of liberal causes. >> i am not a member of the committee. i will let you do that. the notion that this widens partisan divide demonstrate what is wrong with confidence -- pundits and what is wrong with our society. >> the president seemed to hint of a woman who marches alone for her causes. installed vikki will probably bring a delegation -- it sounds like he will probably bring a delegation. >> at the end of his remarks, he is talking about all of those that either a threat this year for all previous years have
worked to bring peace and justice to the world. i do not have the logistics on that. obviously, what the award represents in terms of justice and dignity. >> in the remarks, he referenced that he is the commander in chief of two wars. he did not say the word afghanistan. where is the war? the war is in afghanistan? is it fair to say [inaudible] >> maybe we should step back on this whole afghanistan's but pakistan thing. -- afghanistan/pakistan thing.
obviously, there are violent extremists that are in different places all over the world. places like somalia, afghanistan, and pakistan. i think what the president believes and what he said out strongly in that goal in the march speech earlier this year was the goal of disrupting, dismantling, and destroying al qaeda and the extremist allies. we are involved in a fight to the taliban to ensure that. anybody that would provide al qaeda a safe haven.
i think he is talking about iraq and afghanistan. >> there seems to be an avoidance of naming the country, per say. >> i do not know what percentage of the questions as we have been on afghanistan and pakistan. i think people think we are avoiding the use of the word. i do understand that. >> where are we in the process? are we getting into -- we pass the middle of this process -- we passed the middle of this process. >> i think we are probably several weeks away. i think the president feels like
the discussions are going well. we have focused pakistan on wednesday, today on afghanistan. i do not have an agenda on upcoming meetings. i think there could be more than one. right now, i think one is plenty. i do not know the date yet. >> i have a question of the stimulus. is the administration said despite at the rate at which money is growing from the federal government? >> absolutely. we are ahead of where we thought we would be. we are ahead of the goals the we had said originally in moving money out. some of the money -- there are
basically three different areas. there is tax relief that will be paid out over the course of a two year timeframe. there is state and local aid, primarily things like medicaid and unemployment insurance and things like that. a third bucket -- we are ahead of schedule. >> that their dog, what does it mean? -- that third bucket, what does it mean? when is it hit somebody's paycheck? >> what money is obligated to
you as a road builder, payments, a different stages. an obligation is the project is going to be funded. you are going to be hiring contractors and workers to complete a project. the physical and final payment sometimes takes place depending on the budget at the conclusion. at this time, the money has been obligated. you can make plans for hiring workers to do that. >> when you broke the news to the present, you said he was very surprised. do you have a quote for us? >> no. >> did you go to the switchboard when you called? >> there is a line to call in this situation.
>> i have one more question. after the signing of protocols between turkey and armenia, during the campaign, senator obama said that he characterized the turkey actions as genocide and that you continue to use that word. when you is in turkey in april, he did not use the word "genocide." has he changed his mind? this is not want to antagonize turkey by using that word? -- does he not want to antagonize turkey by using that word? >> i think it is important that the presence in part of that trip in the evening -- the president spent part of that trip in the evening working with the two sides in order for each of them to understand their mutual interests in doing this. i will point to what he said in the press availability after the
meetings in turkey, where he noted that his campaign position had not changed. >> a couple of quick questions on the nobel. had you heard from the president [inaudible] >> i do not know. i had not seen e-mails. >> in the awarding of the prize usually inspire some have been is in the media. given what the president said, after the news, were there any celebrations? >> i think we obviously are enormously proud of the work we are trying to do every day.
the president was surprised, very humbled by the selection of the committee. when we saw this morning -- saw him this morning, we congratulate him. i point you to what he said, thae notion that he hopes what comes of this is colonize action -- galvanized action on behalf of the world to make good on the ideals that we have talked about. i think that is importing going forward. >i talked to him as 6:00 in the morning. >> what about all calls from overseas and other world leaders? >> he talked to the norwegian
prime minister, which is customary. i've not heard of other calls. let me check after this. >> we are ahead of where you thought you'd be in terms of personal stimulus funds. are you ahead of where you that you'd be in job creation? >> i have to go back and live at the last report. i think creating and saving jobs is about where they thought it would be, given the amount of economic output that would come from the funds that have been obligated and dispersed. we obviously saw in the gdp numbers that were released for the second quarter, independent analysis talked about the gdp itself had been listed by -- lifted by spending in the stimulus bill. even when we discussed this piece of legislation when it was being voted on in congress, the
estimates at that time or about a $2 trillion it dip in overall output in that two-year period of time. it cents the formal recession began, -- sent the former recession began, we have seen between 8,000,009 million jobs lost from december 2007. a thousand -- 8 million and $9 million loss from december 2007. >> what about supplemental jobless benefits? what i meant to do that for today. i did not get where we are. there are differing proposals in the house and the senate. i forgot to talk to legislation. >> what about the tax credit for
first-time home buyers? >> i think the economic team is continuing to look at that. >> the president talked about this call to action. he said it had given momentum to pass movement that had won it. had he given any thought to how you can put this prize on behalf of your foreign policy agenda? >> there is no doubt -- just the notion of increasing engagement as we did it is not just a means -- an engagement is not an means, is a means to an end. the president talked recently about the initial steps that we were cautiously dealing with a with iran.
to bring the members along unanimously to confront north korea has been important. we will certainly continue, as we move forward throughout the year. our whole before the end of the year, when the agreement aspires, that we will have an additional agreement with moscow to further reduce our nuclear arsenals and get closer and closer to the promise of a world without nuclear weapons. there aren't just a few of -- those are just a few of examples the we will continue to push on. >> is there abroad a fear that there may be a backlash that they have been overlooked?
it does a complicated and the chin then that relies on cooperation -- doesn't complicate an agenda that relies on operation? what i do not think it would. regardless to get this a war, it is shared by those who have a vision for dignity and justice. >> will the president go in person to pick up the award? >> yes. >> i thought there was a dinner. >> and there is. >> will he go to both of the dinner and -- >> i it may, i do not know about the dinner. -- i admit, i do not know but the dinner. my reaction is, it is not copenhagen. [laughter]
>> [inaudible] it is pretty close. >> it is, both calendar wise and geographically. no final decision on that has been made. at this point, there is some discussion about adding a head of state portion to the meeting. at this point, it is not a head of state meeting. i think we are waiting on some of that as we move forward. they think you heard the president say clearly today the importance of the issue of addressing climate change and the need for, again, the world to act selectively in order to -- act collectively in order to make progress.
>> will he have the other americans who have won the nobel prizes at the white house? >> we talked about that early in the week. about doing calls and such. i do not have any updates. >> on wednesday, the catholic bishop sent out another letter. he said the hyde amendment would prevent abortion. bin laden saying that these hyde amendment would not apply. the letter -- some have said that the hyde amendment would not apply. [inaudible] some said they would vigorously
oppose the bill. does the present support the bishop on this? -- president support the bishop on this? >> my answer is not different than it was on wednesday. it may be a legal interpretation that has been lost. there is a fairly clear federal law prohibiting federal use of money for abortion. it is exceedingly clear in the bill. >> [inaudible] >> i think that all is exceedingly clear. >> [inaudible]
will he work harder than ever for global peace? >> without getting into a lot of details, it goes without saying that india is an important ally. after we get back from asia, there will be an important event at the white house, the president's first state dinner. we continue to be very engaged with the indians to bring about peace in that important region of the world. >> [unintelligible] can you talk about the delegation? >> let me give for you a read out.
>> the white house earlier circulated a poll showing that the united states standing in the world has improved dramatically since the present was elected. can you talk about this prize says about that and what this says about president bush opposes stand -- bush's stand in the world. what i will leave that to the myriad of people. having reestablishing our leadership in the world through every engaging the world in active diplomacy on issues like nuclear non-proliferation and climate change and peace in the middle east, that is a good thing both here for our safety and security and it is a good thing for the world in the
ideals that we hope to vituperative these are shared by -- hope to share in the world. these are shared by many. the president is enormously proud. >> and related, the taliban has said on websites and representatives have been on newscast try to influence the decision making process. does he see these videos? how does he evaluate them? >> i have not seen them. i'm not aware. >> in terms -- there was the announcement of the ambassador. it looks like hate crime protections will be extended. is there anything new besides
those developments that the president might highlight with in his speech? >> i think he will talk about a range of issues. one that you just mentioned -- the hate crimes protections are long over d in the president's -- overdue in the president's opinion. he believes that there passage represents an important step and looks forward to when that legislation gets to his desk. -- signing that, and making it the law of the land. that is part of what he will discuss. >> is the present working on his speech? >> yes, he is. >> a round the world, the speech
is taken as a symbol of peace. when we listen to the president and you, you give us the actual words. we talk about the peace in the middle east. we talk about justice and stability. we do not talk about peace in general, as a whole. can you give us reassurance that the united states will not break --that they will do everything in its power to keep this from being broken by iran, india? >> i think the president has worked each and every day on issues like the middle east in
an effort to bring in greater peace and stability throughout the world. he has talked about, in different speeches, steps that have to be done to protect this country. i think everybody, regardless of who you are in this country, want to see peace not only throughout here, but throughout the world. i think that is important. >> this is about the nobel prize. did you run from somewhere? [laughter] i noticed your boots were wet. >> he is a man of peace now. how can the administration handled or deal with the fact that some are questioning the
award and he is thinking of sending troops to a afghanistan? >> as i mentioned, there are actions of necessity that will be and are taken to protect our homeland. there are -- the discussion that will be had today will be about a dangerous region of the world. there are steps that have to be taken to ensure that we are not attacked and that our allies are not attacked. those are steps, the president mentioned these quite clearly in his speech, that he will not make lightly, but he will work every day to protect our homeland. >> to you see this as a double
edged sword? >> i guess there are many ways in which you can look at this. i do not know what the other end is. >> people are saying, how can you turn down a man who has received the nobel peace prize. >> when the president walks over to the residence, whatever humility was lacking will be restored. >> just a clarification. in the assessment meeting today about afghanistan, you said you look over support. will they go over specific troop levels? >> i may have been careless in the freezing. -- phrasing. the bulk of the meeting will be spent on his of original assessment. they do not know whether the resource request that is related to that initial assessment is
something that we will get two or how much that will get in death. it will certainly come up today. it has not come up in earlier discussions. >> you said the trip request was as much as 60,000. >> i will not get into that. i do not believe everything i see on tv. >> the prize committee said that it also values his efforts in climate change policy. do you think it'll give new momentum to the climate bill? does it increase the chance he will not come empty-handed to copenhagen? >> obviously, we are continuing to work on this in conjunction with congress, insuring that we
are continuing to make progress on that important legislation. some legislation has been introduced in the senate. it is now through the house. i think it is important for the world to understand that the united states is taking, granted a long overdue, important steps to ensuring that we are part of that solution. as the president said earlier today, the problems that he outlined and challenges that we have are not one to be solved by one man or one nation, unless or until other developing nations also come to that larger table with solutions that are not just voluntary but that embody
international in collective action to address that issue. the president has stated he has promised that it is important to do this. we will continue to work on it through the end of the year. if it happens, we would be proud to do that and do -- go to copenhagen. >> i realize the meeting is still going on. was there a thing was senator webb? was afghanistan the topic? >> i was told it was a general meeting. the president has used meetings throughout the last many months to discuss afghanistan and pakistan. i will try to get a better read out. his views and expertise are very
important. >> a question about politics. for the sake of clarity, can you say who exactly the president supports in the [inaudible] >> new york city. [laughter] i was poking at him a little bit. i noticed how rephrase the question -- how he phrased the question. that may be a little much for college football fans. the president is the leader of the democratic party. he would support the democratic nominee. he has had a chance to, throughout campaigning and as a
president, meatet and know mayer bloomberg. -- mayor bloomberg. thank you, guys. >> now president obama urges congress to create a new consumer agency to protect americans against financial abuses. he says the consumer financial protection agency will suffer the financial interests of ordinary americans. this is just under 15 minutes. datindaisy thank you so much.
thank you so much. thank you so much for sharing your story. good afternoon. before i start with my remarks, i want to acknowledge some people who have been working diligently with this issue, in some cases for years. first of all, our secretary of the treasury, timothy geithner is here. christina rchristina romer, ceny from hawaii -- senator daniel from hawaii. sheila bair, who is spending a
heroic job trying to deal with making a situation as chairman of the fdic, mayor michael nutter, and my national economic adviser, larry summers. finally, we got some special guests, some of the finest attorney generals who are fighting against consumer fraud and have been dealing with some of the consequences of the issues that we are discussing here today. i am proud to have them here. my former seatmate, lisa madigan. march 3 -- martha copley of massachusetts. please come and give them all a big round of applause. [applause]
for the last several months, this administration has been working with congress to reform an outdated system of financial regulation and lax oversight that helped lead to last year's crisis. i want to think the people here who are working tirelessly on this issue. first of all, chairman chris dodd, senate banking committee. chairman barney frank of the house financial services commitment. richard shelby of the senate banking committee. part of our reform effort involves putting in place new safeguards that would help prevent the irresponsibility and recklessness of a few wrecking havoc on our entire financial system. we want to close gaps on regulation, eliminate overlap, and we want to set rules of the
road for wall street and make fair dealing and honest competition the only way for financial firms to win and prosper. a central part of our reform efforts is also aimed at protecting americans to buy financial products and services every day, for mortgages, to credit cards. it is true that the crisis we face was caused in part by people who took on too much debt and about loans they could not afford. my concerns of the millions of americans who gave -- behaved responsibly and still found themselves in jeopardy because the predatory practices of some in the financial industry. these are folks who signed contracts they did not always understand, offered by lenders to did not always tell the truth. they were lured in by promises of lower payments and never made aware of the fine print and hidden fees. secretary geithner and die
finish meeting with some of these americans to join us here today. we have a chance to hear from susan who had excellent payment history until she was contacted by a broker who told her that she could lower the monthly payments on mortgage. the long a soldier and of increasing her debt and dependable has gone up $20,000. we talked to karen who is spending of foreclosure because her mortgage company doing into taking out tow expensive loans when they had originally promised her one low fixed-rate mortgage. we talk to maxine who's a bank hit her with four separate over drug charges because of one mortgage check that they ended up rejecting the very next day. i should add that this is a cpa
that we are talking about here. if it is happening to her, then imagine what the rest of us again barelare dealing with. injures bank made a mistake that cost him $800 in overdraft fees. when he caught their mistake, it is the only refunded part of the fees. abuses like these do not just jeopardize the financial well- being of individual americans. they can threaten the stability of the entire economy. the patchwork system of regulations we have now have failed to prevent these abuses. seven different federal agencies -- there are too many loopholes. no single agency has a skilled job to stand up for people like
patricia, susan, maxine, intercom and care. -- andrew, and karen. under the reforms we proposed, that will change. the new consumer protection agency that as congress to create will have just one mission, to look out for the financial interest of ordinary americans. it will be charged with setting clear rules of the road for consumers and banks. it they will be a will to enforce those rules across the board. they will have the power to make certain that consumers get information that is clear and concise and in plain language so they can compare products and know exactly what they are getting themselves into. it will ensure that banks and other firms cannot hide behind these ridiculously confusing contracts, pages of fine print
and nobody can figure out. it had the ability to enforce and build on the credit card reforms passed earlier this year so that consumers are not hit with unfair rate hikes and hidden charges. it will require brokers to look out for the interests of families if they give advice about mortgages. it will ensure transparency and fair dealing for other financial products like bring the debate over just services. -- products like overdraft services. a lot of the banks and firms and not like the idea of a consumer agency very much. the u.s. chamber of commerce is spending millions on an ad campaign to kill it. he might have seen some of these ads. that somehow businesses will be harmed by this agency.
this is completely false. we have made clear that only businesses that offer financial services would be affected by this agency. i do not know how many butchers are offering financial services. contrary to what some have argued, this agency would not restrict consumer choice and innovation. that thing could be further from the tree. in the past, the lack of clear rules led to innovation of the wrong kind. the firm that did best for the ones who did the best job of hiding the real cost to consumers. we do not want them competing by figuring out how much they can fool americans. this will set ground rules so firms will not have to compete to confuse families. they have to compete to give them better choices. this will help small business entrepreneur ewers who often rely on credit cards and home.
entrepot new hours -- this will also help small business entrepreneurs who often rely on credit cards for home. [unintelligible] recently, a whole bunch of those same american consumers of bailed them out. since there worry they may not be able to kill the agency, and they are trying their hardest to we get it by asking for existence. -- exemptions. they are very good at this. that is how business has been done in washington for a very long time. over the last 10 years, the chamber alone spent nearly half a billion dollars on lobbying.
the stories we heard it today remind us that the american people cannot afford business as usual anymore. americans cannot afford high- priced lobbyists to argue their case. they are counting on us to be their advertisers. -- to be their voice, and to restore a sense of responsibility from wall street to washington. that is why we need a consumer financial protection agency that will stand of not for big banks or financial firms, but for hard-working americans. [applause] that is why we need regulatory reform that will reward innovation and competition into the court shut -- instead of shortcuts and abuses. that is why we cannot let special interest win this fight. be a party with the consequences of happen when there is too little accountability on wall street